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NOTE 18: QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
ThefollowingtablepresentsselectedunauditedfinancialinformationfortheeightquartersintheperiodendedDecember31,2015.Theresultsforany
quarterarenotnecessarilyindicativeoffuturequarterlyresultsand,accordingly,periodtoperiodcomparisonsshouldnotberelieduponasanindicationoffuture
performance.
Three Months Ended
March 31 June 30 September 30 December 31
(in millions, except per share data)
Year ended December 31, 2015
Revenue $ 363 $ 405 $ 415 $ 309
Operatingincome(loss)(1) 90 79 88 (25)
Netincome 63 58 74 3
Basicearningspershare(2) $ 0.44 $ 0.40 $ 0.51 $ 0.02
Dilutedearningspershare(2) $ 0.43 $ 0.40 $ 0.51 $ 0.02
Year ended December 31, 2014
Revenue $ 281 $ 323 $ 354 $ 288
Operatingincome 96 100 84 60
Netincome 68 68 54 36
Basicearningspershare(2) $ 0.48 $ 0.48 $ 0.38 $ 0.25
Dilutedearningspershare(2) $ 0.47 $ 0.47 $ 0.37 $ 0.25
(1) Duringthefourthquarterof2015,werecognizedanincremental$59millionchargeoverthethirdquarterof2015,relatedtoa
non-cashcharitablecontributionrecordedtogeneralandadministrativeexpenseonourconsolidatedstatementofoperations.Refer
to“Note12–Commitments and Contingencies ”foradiscussionoftheFoundation.
(2) Earningspershareiscomputedindependentlyforeachofthequarterspresented.Therefore,thesumofthequarterlyearningsper
sharemaynotequalthetotalcomputedfortheyear.
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